Michigan Lumber and Hardware Store For Sale (Contractor Yard)

Contractor Lumber and Hardware Business For Sale in Michigan

Nestled in the vibrant heart of Michigan, a unique business opportunity presents itself for the discerning lumber company entrepreneur. This well-regarded Lumber Company and Hardware Store, respected by the local community and professionals alike, is poised for a new owner to take the helm. Celebrated for its rich history, this turnkey operation merges rustic allure with modern facilities, offering everything needed to continue its legacy of success.

Key Highlights:
• Prime Location: Located in a beautiful Michigan town, this business enjoys high visibility and excellent accessibility, attracting a consistent customer base.
• Established Reputation: This venture is widely recognized for its extensive range of hardware and robust contractor services, cultivating a solid and loyal clientele over the years.
• Facilities & Equipment: The sale encompasses all equipment needed to operate the business and a complete inventory, providing all the essentials for immediate operation.
• Strong Gross Sales & Profitability: Sales for the last three years ranged between $4.3M to $5.1M.

This exceptional offering allows you to:
• Acquire a Proven Michigan Establishment: Step into a successful business with a well-documented profitability and community engagement history.
• Lead Your Own Enterprise or Add This Opportunity as A Bult-On Acquisition: Embrace the opportunity to add this opportunity to your current operations or be your own boss and fuel your passion for the lumber industry and retail operations.
• Engage with the Community: Immerse yourself in the local culture and serve a clientele that values quality craftsmanship and superior service.

The current owners are committed to a seamless transition and are ready to impart extensive knowledge and insights.

Financial Highlights:

2023 Sales YTD: $4,500j572; Owners Salaries $102,000
2022 Sales: $5,307,006; Owners Salaries $84,852
2021 Sales: $4,559,831; Owners Salaries $81,927
Average 3-year EBITDA/SDE> $324,837
Assets: $1,302,458.06
Inventory > $600,153
Investment Highlights:
• Strong financials with steady growth and profitability.
• Experienced, Dedicated Loyal Long-Term Staff
• Loyal Customer and Contractor Relationships
• Limited geographic competition with potential for expansion.
• Strong Local walk-in Hardware DIY Business

Opportunities for Growth:
• Increase Contractor Business from competition.
• Upgrade Fleet of Vehicles for expanded delivery radius.
• Increase Margins to be in line with competitive building yards nearby.
• Expand on the Kitchen and Bath Center
• Expand Hardware Offerings

Price: Contact EGM for Pricing

We are only looking for serious inquiries, and confidentiality agreements will be necessary.